City of Chicago Triad — Multifamily

Multifamily / Apartment Buildings Tax Appeals in Hyde Park Township

Based on 4,426 historical multifamily appeals in Hyde Park Township (2022-2025), TaxRival's data shows a 33% win rate at the Board of Review with an average reduction of 22.8% when successful.

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4,426
Appeals Analyzed
33%
Win Rate
22.8%
Avg Reduction (When Won)
36%
95th Percentile Cap

Multifamily Property Appeals in Hyde Park

Class 3 apartment buildings (7+ units) and Class 2-12 small multifamily. Hyde Park Township sits in the City of Chicago triad of Cook County. Our analysis of historical Board of Review appeal outcomes (2022-2025) shows that multifamily property owners in Hyde Park have won reductions on 33% of filings, with an average reduction of 22.8% when the BOR grants relief.

The 95th-percentile reduction is 36% — that's our plausibility ceiling for the algorithm, calibrated specifically to multifamily appeals in Hyde Park. Cases above this threshold are exceedingly rare in the historical record, so claims significantly above 36% would be flagged as outliers and reviewed before filing.

Top Recent Multifamily BOR Wins in Hyde Park

The strongest recent Board of Review reductions on multifamily property appeals in Hyde Park Township, drawn from BOR decisions in tax years 2023–2024. Pre-appeal AV is the Assessor's value before filing; post-appeal AV is the BOR's final decision. These are real outcomes, not estimates.

Tax Year Pre-Appeal AV Post-Appeal AV Reduction
2024 $654,100 $148,790 −77.3%
2024 $116,408 $27,408 −76.5%
2024 $116,593 $27,592 −76.3%
2023 $77,955 $20,000 −74.3%
2023 $77,955 $20,000 −74.3%
2023 $1,495,854 $394,950 −73.6%
2023 $1,495,854 $394,950 −73.6%
2024 $68,400 $19,305 −71.8%
2024 $118,700 $34,900 −70.6%
2024 $162,667 $48,833 −70%
2024 $97,701 $30,061 −69.2%
2023 $50,608 $15,622 −69.1%

Source: Cook County Assessor's open data portal (appeal_history dataset). Property identifiers are not displayed for privacy; figures are public record.

How We Use This Data

TaxRival's algorithm uses township-and-class-specific calibration, not a generic countywide average. When we evaluate your multifamily property in Hyde Park, we use the 36% cap from this dataset, the 33% historical win rate as a confidence input, and class-specific comparable sales matched to your asset type.

For a deeper look at how Cook County BOR appeals perform across all townships and asset classes, see our 2024 BOR appeal success rates analysis covering all 57,960 commercial and industrial appeals filed last year.

Other Property Types in Hyde Park Township

Top Multifamily Townships by Win Rate

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